SOLD
Sold on 31 Jan 2024 for $407,500

4/285 Great Eastern Highway
Burswood WA 6100

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 138m2
Land area: 138m2
Sold By
Luke Scarfone
Ross Scarfone Real Estate
Paul Scarfone
Ross Scarfone Real Estate
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Property Details for 4/285 Great Eastern Hwy, Burswood

Building Type
Commercial
Year Built
1981
Floor Size
138m2
Land Size
138m2
Local Government
Victoria Park
Lot/Plan
4/S009056

Last Listing description (April 2024)

Retail shop of 138 square metres located in small group of 5 units with prime exposure to GREAT EASTERN HIGHWAY. The property has good onsite parking at the front of the complex plus 2 car bays at the rear, accessed by a right of way. Located in the HEART OF BURSWOOD being in walking distance to the Burswood Train Station, Post Office, various Bars/Restaurants and less than 100 metres to the GRAHAM FARMER FREEWAY on-ramp.Current long term tenant is now on a monthly lease, so you have the ability to occupy the premises yourself or negotiate a new lease with the current tenant.

Property History for 4/285 Great Eastern Hwy, Burswood, WA 6100

A timeline of how this property has performed in the market
Last Sold
$407,500
31 Jan 2024
  • 31 Jan 2024
    Sold for $407,500
  • 09 Aug 2023
    Listed for Sale $425,000
  • 05 Dec 1996
    Sold for $113,000

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About Burswood 6100

The size of Burswood is approximately 3.4 square kilometres. It has 16 parks covering nearly 47.3% of total area. The population of Burswood in 2011 was 2,029 people. By 2016 the population was 2,340 showing a population growth of 15.3% in the area during that time. The predominant age group in Burswood is 30-39 years. Households in Burswood are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Burswood work in a professional occupation. In 2011, 45.3% of the homes in Burswood were owner-occupied compared with 50.2% in 2016.

Burswood has 2,239 properties. Over the last 5 years, Houses in Burswood have seen a 55.80% increase in median value, while Units have seen a 39.00% increase. As at 30 November 2024:

  • The median value for Houses in Burswood is $1,019,507 while the median value for Units is $664,184.
  • Houses have a median rent of $975 while Units have a median rent of $725.
There are currently 28 properties listed for sale, and 9 properties listed for rent in Burswood on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Burswood.

Suburb Insights for Burswood 6100

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.